Answered: In 1954, mantle earned 21000 playing…

In 1954, mantle earned 21000 playing for the yankees. The CPI in 1954 was 26.9 and in 2010 was 218.06. What is manyles 1954 salart in 2010 dollars

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter16: Measuring The Cost Of Living

Section16.2: Correcting Economic Variables For The Effects Of Inflation

Problem 2QQ

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In 1954, mantle earned 21000 playing for the yankees. The CPI in 1954 was 26.9 and in 2010 was 218.06. What is manyles 1954 salart in 2010 dollars

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